(MT Newswires) -- The UK Competition and Markets Authority on Tuesday said it is launching an in-depth probe of Dye & Durham's acquisition of software company TM Group following an earlier referral.
An earlier investigation was completed last Dec. 23, 2021, which resulted in the advancement of the investigation for an in-depth probe. Canadian cloud-based software provider Dye & Durham previously agreed to acquire TM Group in a $157 million deal.